Morgan Stanley appoints first female chief in Europe

US firm has become the first major City bank to promote a woman into its most senior job in London

By

Paul Clarke

May 1, 2018 Updated: May 4, 2018 3:25 p.m. GMT

Morgan Stanley has become the first major banking firm to promote a woman to its most senior job in London, naming Clare Woodman — most recently its chief operating officer in the UK capital — as head of Europe, the Middle East and Africa.

The US investment house named Woodman — a key figure in the bank's preparations for the implications of Brexit on its London operations — as head of Emea on May 1, according to an internal memo seen by Financial News.